Oilfield Services Firm Hunting Says 1Q Earnings in Line with Expectations

Published

Oilfield services group Hunting Plc said on Wednesday its first-quarter earnings were in line with expectations despite a hit to the company's Texas facilities in February when the U.S. state faced severe cold weather.

The company said it recorded a small core loss in the quarter due to subdued offshore drilling activities throughout the second half of 2020 that carried into this year. 

(Reporting by Yadarisa Shabong in Bengaluru; Editing by Krishna Chandra Eluri)

Current News

GustoMSC Unveils New Jacking Technology for Offshore Wind Vessels

GustoMSC Unveils New Jacking T

Glamox to Light Up TenneT’s 2GW Land-Based Substation

Glamox to Light Up TenneT’s 2G

Ecowende Installs First Turbine at 760MW Dutch Offshore Wind Farm

Ecowende Installs First Turbin

Apollo’s Floating Wind Quick Connector Gets Closer to Commercial Rollout

Apollo’s Floating Wind Quick C

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine